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PLAN: Mining industry threatens fragile budget deal with sweetheart tax loopholes

By ThisIsReno

SUBMITTED NEWS RELEASE

The Progressive Leadership Alliance of Nevada said yesterday that lobbyists for the world’s largest gold mining corporations are threatening to blow up the fragile budget deal negotiated among leaders of both houses of the Legislature and Governor Sandoval.

The industry appears willing to hold up the budget process to protect certain “sweetheart” tax deductions, according to PLAN representatives.

“Leaders from both the Assembly and Senate, from both parties, are working to have the industry finally step up to the plate and make a meaningful investment in Nevada, but we are gravely concerned that even the paltry increases the industry is being asked to contribute under the mining tax are in jeopardy,” said PLAN Lobbyist Jan Gilbert. “This threatens the entire budget deal.”

“The toxic influence of mining’s 30 lobbyists and its campaign cash stinks,” said PLAN State Director Bob Fulkerson. “Legislators need to listen to Nevadans, who overwhelming favor mining revenue reform.”

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